Hisham Fallatah

Financial Compliance & Governance
• ZATCA Compliance: Ensure all accounting and invoicing processes strictly adhere to ZATCA (Fatoora) regulations, maintaining full compliance with Phase 2 e-invoicing standards.
• SOP & SLA Management: Guarantee seamless operations by following Standard Operating Procedures (SOPs) and managing supplier relationships in accordance with Service Level Agreements (SLAs).

Accounts Payable & Cash Management
• Invoice & Transaction Processing: Oversee the accurate recording of all vendor invoices and bank-related transactions within the ERP system.
• Payment Execution: Orchestrate timely payments to suppliers, ensuring full adherence to agreed credit terms.
• Cash Flow Forecasting: Prepare and share accurate Cash Flow estimations and payment forecasts to support treasury management and strategic planning.

Claims Recovery & Supplier Relations
• Promotional Fund Management: Identify and categorize marketing spend to determine which activities are internal (Advertising/Promotion) and which are recoverable from suppliers.
• Debit Note Administration: Issue formal Debit Notes with all necessary supporting documentation and submit them for supplier approval to initiate the recovery process.
• Dispute Resolution: Proactively follow up on outstanding issues related to shortages, damages, or price differences to secure the timely receipt of Credit Notes.
• Supplier Validation: Liaise with suppliers to validate promotional spend, ensuring all customer-facing discounts are fully authorized and recoverable.

Month-End Closing & Reporting
• IMS Analysis & Reclassification: Audit monthly IMS reports to identify customer discounts and prepare journal entries to reclassify spend from the P&L to appropriate balance sheet accounts.
• Month-End Execution: Perform comprehensive month-end closing entries to guarantee the accuracy and completeness of all financial records.
• Vendor Reconciliation: Conduct monthly reconciliations of supplier statements against the General Ledger to resolve discrepancies and maintain an accurate aging report.

Sales report.
Purchase report.
General ledger.
Vat reports.
Account payables.

• Prepare and verify quarterly V AT reports in strict accordance with
ZATCA regulations, ensuring the accurate recording of Input and
Output Tax across all supplier and customer transactions.
• Oversee the accurate recording of all financial transactions and lead
the execution of month-end and year-end closing procedures to ensure
timely and accurate reporting.
• perform regular bank reconciliations to align internal cash books with
bank statements, identifying and resolving discrepancies to ensure
accuracy in financial reporting.
• Maintain the Petty Cash ledger, performing weekly reconciliations
and processing timely replenishments to ensure uninterrupted
operational support while maintaining accurate expense records.
• Support the payroll function by preparing monthly salary sheets,
calculating overtime and deductions, and ensuring all payments align
with the Wages Protection System (WPS) and Saudi Labor Law.